Ashland, NH vs Farmington, NH
Ashland, NH and Farmington, NH have a very similar cost of living, with only a 1.4% difference in their overall index. Ashland scores 84 while Farmington scores 85 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Ashland is $1,069/month compared to $957/month in Farmington — a 12% difference. Interestingly, home values tell a different story: while Farmington has cheaper rent, Ashland actually has lower median home values ($169,000 vs $215,100).
Median household income in Ashland is $41,429 compared to $51,094 in Farmington (-18.9%). While Farmington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ashland spend roughly 31% of their income on rent, more than the 22.5% in Farmington. The Farmington ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
Climate-wise, both cities share similar average temperatures (46°F vs 47.7°F). Farmington receives more rainfall at 41.2" per year compared to 38.1" in Ashland.
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